Breaking 11:25 Meta expands plans to rely on its own AI chips 11:04 Elon Musk calls for rival AI companies to test each other’s models 10:59 Iran rejects talks with the United States as Trump signals openness to dialogue 10:19 Could AI destroy humanity? Trump dismisses the threat as a hoax 09:59 Israel Katz: Israeli Army Claims Readiness to 'Finish the Job' in Gaza 09:44 US announces new visa restrictions targeting South African officials 21:55 Morocco fuel prices set for another rise as diesel remains above gasoline 21:45 Pentagon warns of US ammunition shortages after Iran war 21:15 Houthis emerge as a growing threat to Trump and Saudi Arabia 20:45 Brazil’s Supreme Court faces deepening crisis as two judges clash 20:15 Bill Gates urges the world to look beyond AI’s current limits 19:21 NASA turns to artificial intelligence to unlock the mysteries of dark energy 18:00 US confirms deployment of weapons in space 17:45 Houthis target Saudi Arabia as Iran denies involvement in Yemen conflict 17:17 Trump administration rules out oil export ban as fuel prices climb 16:26 X and xAI withdraw antitrust claims against Apple 15:47 Former Google DeepMind researcher warns AI may be approaching a dangerous threshold 15:32 OpenAI delays potential stock market debut beyond 2026 15:15 Trump approval rebounds slightly as Democrats gain ground ahead of midterms 13:32 Trump urges countries benefiting from Hormuz security to share US protection costs 12:59 Study warns US drug policies could cost Swiss pharmaceutical industry billions 12:42 Anthropic weighs Nasdaq listing as AI companies compete for Wall Street attention

Economy



Conflict with Iran leaves economic and strategic costs for the United States

The recent conflict involving the United States and Iran has highlighted the significant economic, military, and humanitarian costs that modern geopolitical confrontations can impose on nations and global markets alike. Beyond the immediate security concerns, the crisis generated far-reaching consequences......

Warsh advocates leaner federal reserve approach amid rising economic complexity

The new Federal Reserve Chair, Kevin Warsh, is signaling a shift toward a more streamlined and less communicative approach to central banking, marking a notable change in how the U.S. central bank engages with markets and economic policy. During his first Federal Open Market Committee (FOMC) meeting,......

United States launches investigation into Germany over pharmaceutical pricing practices

The United States government has opened an official investigation into Germany’s pharmaceutical pricing policies, in a move that could potentially lead to the imposition of new tariffs on medical products. The inquiry, announced by the Office of the United States Trade Representative (USTR), will......

Oil prices fall sharply after US-Iran agreement eases market concerns

Global oil prices recorded a significant decline on Thursday following the signing of a framework agreement between the United States and Iran, a development that has eased concerns over energy supplies and reduced tensions in one of the world's most strategic regions for oil transportation. Market......

US Supreme Court upholds compensation rights for wrongfully dismissed striking workers

The United States Supreme Court has declined to hear a legal challenge brought by retail giant Macy’s against a federal labor ruling that required compensation for employees dismissed during a labor dispute. The decision effectively leaves in place previous court rulings supporting the authority......

US trade representative Jamieson Greer to visit India for key trade talks

The United States Trade Representative Jamieson Greer is scheduled to visit India on June 23–24 for high-level discussions aimed at advancing ongoing trade negotiations between Washington and New Delhi. According to an Indian trade official, the visit will focus on finalizing the details of an......

Trump’s critical minerals strategy meets resistance from allies and industry

The United States is facing growing resistance to its proposed strategy for boosting critical minerals production, as key allies and industry stakeholders question the effectiveness of government-backed pricing measures. The issue is expected to be a major topic of discussion among leaders attending......

Foreign investors pull $26.6 billion from emerging markets in May

Foreign investors withdrew a net 26.6 billion dollars from emerging market portfolios in May, reversing the rebound seen in April and underscoring renewed volatility in global capital flows. Equity sales in Asia drove most of the outflows, outweighing more stable demand in emerging market debt. The......

Morgan Stanley flags AI investment surge beyond dot-com peak levels

Artificial intelligence infrastructure spending by major technology companies has reached a scale that now exceeds the intensity seen during the peak of the dot-com era. The investment surge is driven by hyperscalers including Amazon, Alphabet, Meta, Microsoft, and Oracle as they expand data center capacity......

Gold falls as US Iran conflict shifts rate outlook

Gold prices extended their decline for a second straight session as markets reacted to escalating military tensions between the United States and Iran while simultaneously reassessing the trajectory of US interest rates. Spot gold dropped 3.5 percent to 4,111.95 dollars per ounce, marking its lowest......

Morocco becomes Africa’s second largest electric vehicle market in 2025

Morocco ranked second in Africa for electric vehicle sales in 2025, with 5,500 units registered, according to data covering continental EV trends. The country accounted for 22% of Africa’s estimated 25,000 electric vehicles sold during the year, placing it behind Egypt and ahead of South Africa.......

Shell warns of unprecedented global energy crisis from Hormuz blockade

Wael Sawan, chief executive of Shell, has warned that the blockage of the Strait of Hormuz is driving a severe shock across global energy supply chains. The disruption comes amid escalating tensions involving Iran, the United States, and Israel, which have destabilised one of the world’s most critical......

Gold falls below 4,200 dollars as Iran conflict pressures demand

Gold declined sharply and moved below 4,200 dollars per ounce for the first time since late March. The metal traded at 4,190.62 dollars, marking a daily drop of 1.65 percent. The move extended a broader selloff that has erased the year to date gains in gold and challenged its role as a safe haven during......

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